congressman louie gohmert. [ cheers and applause ] congressman gohmert was first sworn in as a member house of representatives in january 2005. he represents the first district of texas, which encompasses over 12 counties. he boldly stands on america's founding principles and is constantly coming up with big, innovative ideas, solidly based on constitutional fundamentals. congressman gohmert is chairman of the natural resources subcommittee on oversight and investigations, and the vice chair of the judiciary subcommittee to crime, terrorism, and homeland security. prior to being selected to serve in congress, louie was elected to three terms as district judge in smith county, texas. he was later appointed by texas governor rick perry, to complete a term as chief justice of the 12th court of appeals. he received his undergraduate degree from texas a&m university and his law degree from baylor. he is also a veteran, having served his country as captain in the united states army. [ applause ] please welcome congressman louie gohmert. [ cheers and applause ] ♪ >> all right. it is great to

stuart: why don't i bring in republican congressman louie gohmert who i'm sure is a bear on the stockt? >> not necessarily, but it goes up generally, but we're creating so much money. i was meeting with the fed some years back, how much money are we printing than we've printed, but there's so much more money in the system, oh, verbatim, we couldn't possibly print all the money we're creating. and where is that money going? it's going to the market. so, generally the market has always gone up, has big falls and then comes back eventually, but they-- they've been-- >> you're bearish. >> overall i'm bullish, but the bear is coming. stuart: you can't have it both ways. yes, i can. in the end, it will go up, but there's a bear between here and the bulls. stuart: listen to this one, china overnight, just had a new move, making it easier for investors to borrow money so that they can buy stocks. keith fitz you know about this, what is that, good news or bad news for them or us? >> well, you've got to tread very carefully here, it's good news because debt unfortunately is how the world goes a

please welcome congressman louie gohmert! [ applause ] ♪ >>> all right.at to be here with you. i'm glad to be invited to cpac. for a while there for a number people who like might want a new speaker or might talk about radical islam. so i'm thrilled. there's new leadership in cpac and they've even allowed a guy like me to come speak. so it's awesome. it is great to be with you guys. now, i know that a lot of people like to paint a rosy picture. and i'm an optimist. my sister says you're the optimist among us four kids. well, i like to paint a rosy picture. so many remember the line from forrest gump -- you know, life is like a box of chocolates. you know? well, i would submit to you, when you wake up and see the real world, it's really more like a jar of jalapenos. because what you do today can bite you in the bottom tomorrow. so you've got to always be cog na cognizant of that. when we talk about immigration, you know, i did pretty well in school, but i'm still always learning things. sometimes i'm surprised that i remain a little naive. but i have learn

and wait for it, coming up next, congressman louie gohmert is with us. party, and whose side is he on? louie's up next. ♪ ♪ everhas a number.olicy but not every insurance company understands the life behind it. for those who've served and the families that have supported them, we offer our best service in return. usaa. we know what it means to serve. get an insurance quote and see why 92% of our members plan to stay for life. stuart: we are minutes from hearing mitt romney's vigorous attack on donald trump. the podium there is in salt lake city. he will be speaking roughly 11:30 eastern time, about 13, 14 minutes from now. look who's here now, congressman louie gohmert, republican, texas. [laughter] sir, you've got a smile on your face. i've got a serious question here. we're about to see the loser in the last presidential election campaign bash the leader in this current republican campaign. are you happy with that? >> well, i'm not happy at all. and, of course, you know, the full disclosure, i endorsed ted early last year, ted cruz. and having been in

[laughter] >> that was congressman louie gohmert.xpecting a small loss at the open, down maybe 20, 30 points, that's about it. three, two, one, boom! 9:30 we're off and running and where are we going? ever so slightly down. ashley webster is here, in my opinion the market is completely shrugging off the election. i want to go around the block. there's no impact. dan first. >> it looks more and more like clinton will be the nominee. not certain on the republican side, but no reaction in the market. >> no surprise, no reaction. >> clinton looks like the likely nominee, you have to give her the edge. is that bad for corporate profit? i don't think so. same tax code, easy to get around. stuart: i think i've gone overboard-- >> i think you have. i think that bernie sanders had a great day you may have some some action. >> i'm so fascinated by politics, i keep imposing that on the judge of the market. >> at the risk of getting the buzzer, we have to talk about the federal reserve, the decision that comes this afternoon. we have negative in